What’s inside:
This article covers recent price changes in mustard oil, palm oil, soya oil, and various grains and pulses in Indian markets.
Recently, there has been a noticeable price increase in mustard oil due to higher demand from oil mills and festive season shopping. In Jaipur, the mustard mill delivery price went up by Rs 75 per quintal, resulting in mustard oil prices increasing by Rs 100 per quintal.
Additionally, prices for palm oil and soya refined oil have also risen at Kandla Port. In Kota, soya refined oil saw a rise of Rs 50 per quintal. This upward trend in oil prices is also impacting prices of other oils and guar products.
For consumers, the changes mean higher costs for cooking oils. The new prices include: mustard mill delivery at Rs 7200-7205 per quintal, palm oil at Kandla Port at Rs 12700-12800 per quintal, and soya refined oil at Rs 12500-12600 per quintal.
Grain prices have remained mostly stable, with the following rates: wheat mill delivery at Rs 2710-2720 per quintal, maize red at Rs 2300-2600 per quintal, and sugar priced at Rs 4350-4480 per quintal. Guar seed prices also increased by Rs 25 per quintal while guar gum rose by Rs 50 per quintal.
Looking ahead, the market is expected to experience continued fluctuations, especially with upcoming festive demands. Consumers should stay informed about these price changes as they may affect their purchases in the coming days.
Summary:
- Mustard oil prices increased by Rs 100 per quintal in Jaipur.
- Prices of palm and soya refined oil have risen at Kandla Port.
- Grain prices have largely remained stable.
- Guar seed and gum prices saw minor increases.
- Market fluctuations are likely to continue with festive demand.
